BTC was bullish after stepping back on the large upward trend line yesterday. Against the background of the decline in US stocks today, BTC followed the trend of panic and made a false breakout in the 4-hour time zone. The 4-hour K bar in the early morning directly returned to the false breakout, forming a short-selling trend. , the trend at the relatively large time zone level forms a technical breaking trend, triggering the entry of short-chasing positions.
It is currently reversing the previous downtrend structure and continues to be bullish after the consolidation!
